I don’t know what the deal is with people keeping their money in savings accounts, either they don’t know about other ways to hold your money or they’re too lazy to actually go through with it, here are three ways that you can better your money.

A mutual fund – if your money is sitting in a mutual fund, not only are you investing in the fund, you are actually investing in a group of stocks that is changing at all times, the fund is managed by people other than yourself so all you have to do is put your money in and watch it grow.

A US treasury note – you can invest your money in the US government, over 10 years you can watch as your money appreciates to whatever interest rate you got the note at.

Real estate – you can invest in a building, buildings are great because they lead to an ongoing income, whether you rent the building out to a company or to families you are making money consistently.

The worst thing you can do with your money is waste it, for every dollar that you earn you should get something out of it. Whether it be investing that dollar to make more or spending that dollar to buy essentials such as food/water you want to make sure it’s not going to waste. If you aren’t investing or buying essentials one might ask what can you spend your money on? I believe that if you gain a valuable experience or you’re buying something physical that will save you time/money in the future it is a good investment.

So you’ve been saving your money, you’re ahead of the game. Now you need to do something with your money, having it sit in a savings account making minimal interest isn’t going to help you too much. So what we’re going to do is take 60% of your saved money and put into a low risk mutual fund. By doing this your money will keep making more money at a faster rate than it would if you just left it in your savings account.